Contractors who can't find favorable financing may secure quick cash by factoring, or selling invoices at a discount to a third party. Some believe the practice is highly risky, but Kim Slowey examines how factoring has evolved over the years and how to more safely go about it.
Sign up for AGC SmartBrief
News and information for general contractors
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.